22nd November 2011 euro aud Daily Report

Euro Weekly and Daily

 Whilst the euro is below the Weekly level @ 1.3513 the trend bias is down....

otherwise it could remain choppy between the 12 hour levels.

AUD Weekly and Daily

Trend bias is to follow the break and extend pattern from Monday's lows into Tuesday's lows.

However, with the AUD already trading around it's Weekly lows @ .9853 that might not happen.

5-day 50% level resistance

12 hour level Random resistance @ .9883